MeriStar Hospitality Corp. (MHX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MeriStar Hospitality Corp. (MHX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

From: JakeStraw	2/21/2006 9:31:58 AM
	of 13

MeriStar Agrees to Be Bought by Blackstone biz.yahoo.com Tuesday February 21, 8:44 am ET MeriStar Agrees to Be Acquired by Blackstone Group for $2.6 Billion BETHESDA, Md. (AP) -- MeriStar Hospitality Corp., the nation's third-largest hotel real estate investment trust, said Tuesday it agreed to be acquired by an affiliate of private investment firm Blackstone Group for $2.6 billion. The offer values MeriStar at $10.45 per share cash, representing a 20 percent premium over MeriStar's closing price of $9.93 per share on Friday. Shares of MeriStar rose 37 cents, or 3.7 percent, to $10.30 in premarket activity. MeriStar's board has approved the offer

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext